SHTD(SH:600647)2019-04-19 16:00Financial Performance - Operating revenue decreased by 93.31% to CNY 990,055.23 compared to the same period last year[7] - Net profit attributable to shareholders increased by 661.78% to CNY 31,655,925.66 compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 2,086.44% to CNY 21,196,982.90 compared to the same period last year[7] - Total revenue for Q1 2019 was CNY 990,055.23, a significant decrease of 93.3% compared to CNY 14,806,579.12 in Q1 2018[26] - Operating profit for Q1 2019 reached CNY 31,580,381.62, up from CNY 9,250,535.08 in Q1 2018, representing a growth of 241.5%[27] - Net profit for Q1 2019 was CNY 31,589,835.22, compared to CNY 6,678,433.75 in Q1 2018, indicating an increase of 373.5%[27] - Basic and diluted earnings per share for Q1 2019 were both CNY 0.2275, compared to CNY 0.0299 in Q1 2018, reflecting a growth of 660.4%[28] - The total profit for Q1 2019 was CNY 26,408,497.51, compared to CNY 2,783,228.85 in Q1 2018, indicating a significant increase[30] Assets and Liabilities - Total assets increased by 5.74% to CNY 501,133,975.87 compared to the end of the previous year[7] - Total assets as of March 31, 2019, were 501.13 million yuan, compared to 473.93 million yuan as of December 31, 2018[21] - Total current assets as of March 31, 2019, amounted to 460.14 million yuan, an increase from 432.36 million yuan as of December 31, 2018[20] - Total liabilities as of March 31, 2019, were 173.09 million yuan, a slight decrease from 177.52 million yuan as of December 31, 2018[21] - Total liabilities remained stable at CNY 133,355,643.15 in Q1 2019, slightly down from CNY 136,887,445.88 in Q1 2018[26] - The company’s total liabilities and equity matched the total assets at CNY 473,925,724.02[42] - Total liabilities amounted to $136,887,445.88, indicating a stable financial position[46] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 12,393,008.34, a decrease of 583.81% compared to the same period last year[7] - Net cash flow from operating activities decreased by 584% year-on-year, primarily due to the previous period's receipt of property and goods sales payments and government subsidies[15] - The net cash flow from operating activities for Q1 2019 was -CNY 12,393,008.34, a decline from CNY 2,561,570.76 in Q1 2018[33] - Cash inflow from operating activities totaled CNY 2,105,991.87 in Q1 2019, down from CNY 12,162,067.38 in the same period last year[33] - The cash outflow from operating activities increased to CNY 14,499,000.21 in Q1 2019, compared to CNY 9,600,496.62 in Q1 2018[33] - Investment activities generated a net cash flow of CNY 10,703,285.34 in Q1 2019, a significant increase from CNY 905,074.55 in Q1 2018[34] - The net cash flow from financing activities was not reported for Q1 2019, indicating no significant changes in financing operations[34] - The ending cash and cash equivalents balance for Q1 2019 was CNY 175,555,739.34, down from CNY 207,349,309.60 in Q1 2018[34] Equity and Shareholder Information - Net assets attributable to shareholders increased by 11.79% to CNY 300,623,192.57 compared to the end of the previous year[7] - The company's total equity increased to 328.04 million yuan as of March 31, 2019, from 296.40 million yuan as of December 31, 2018[21] - Owner's equity increased to CNY 294,747,276.38 in Q1 2019, up from CNY 268,338,778.87 in Q1 2018, showing a growth of 9.9%[26] - Shareholders' equity totaled CNY 296,403,253.24, including CNY 139,143,550.00 in paid-in capital[42] - Total equity reached $268,338,778.87, reflecting strong shareholder confidence[46] Other Financial Metrics - Investment income increased by 5,104% due to the disposal of equity in a subsidiary[14] - Fair value changes in financial instruments increased by 1,152% due to significant fluctuations in the fair value of held financial instruments[14] - Other income decreased by 100% year-on-year, primarily due to the receipt of government subsidies in the same period last year[15] - Income tax expenses decreased by 100% year-on-year, mainly due to a reduction in taxable income for the current period[15] - The company reported a loss of 18.22 million yuan in the same period last year, but expects to achieve profitability by the end of the next reporting period if the fair value of its financial assets does not decline significantly[17] - The company expects significant changes in cumulative net profit from the beginning of the year to the end of the next reporting period, indicating potential losses[16]